Although there was a financial crisis in 2007-2010, some firms were able to weather the crisis.These firms had all of the following characteristics which were directly responsible for their ability to survive the crisis EXCEPT:

Question

Quizplus · Accepted Answer

A business model which encouraged risk taking by management that paid off is not a characteristic that would help a firm survive a financial crisis.

Although There Was a Financial Crisis in 2007-2010, Some Firms